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Transfer of Equity in Wollaton

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Wollaton

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Wollaton clients every week.

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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The Conveyancing
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Conveyancing in Wollaton Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 20/01/17

Wollaton is close at less than three miles off the M1 junction entry 26 Southbound.

Tollerton, Nottingham City Airport is 6 miles from Wollaton. East Midlands Airport is 10 miles and Tollerton Airport is 6 miles away. The closest train station to Wollaton is Beeston.

Queens Medical Centre, Derby Road is the closest hospital.

Q.

How do I find the cheapest conveyancing solicitors?

A.

Many property buyers and sellers seeking discount conveyancing are caught out by the lure of very low conveyancing rates. Many conveyancers purport to offer 'the cheapest conveyancing quotes'. However extra fees are frequently hidden in the small print. Any disbursements must also be stated on a conveyancing quote. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

How much can our searches cost?

A.

Conveyancing searches ranges in cost. Searches are disbursements, and will not be included in a solicitor's fees.

Q.

Why does purchase conveyancing work go on for so long?

A.

Wollaton conveyancing can be delayed, Homeward Legal, however, work hard to curtail the burden of these delays where viable. Reasons for delay may include difficulties with mortgage finance.

Q.

Will the report on title compiled by the Wollaton conveyancing solicitor provide details about the applicable rates of the council tax for a building prior to exchanging contracts?

The solicitor will approach the Nottingham local authority to ascertain the appropriate council tax band and rates, which should then be included in the conveyancing report on title.

Council tax charges for residents of Wollaton are listed online at the Nottingham local authority website. At the time of writing on 28 September 2012 the rates are:

  • Band A - £1,076.00
  • Band B - £1,255.00
  • Band C - £1,434.00
  • Band D - £1,614.00
  • Band E - £1,972.00
  • Band F - £2,331.00
  • Band G - £2,689.00
  • Band H - £3,227.00

Q.

We are buying on a Wollaton ex-industrial use land. Is beryllium (Be) topsoil contamination likely?

A.

Wollaton industrial or agricultural can cause top-soil contamination. Other sources of contaminated land include groundwater contamination.

Q.

UCB Home Loans will be our lender, what do I need to be aware of?

A.

A small number of lenders are now reducing the size of their 'solicitor panel'. This can mean higher legal costs for buyers. Homeward Legal, however, are able to act for the majority of mortgage lenders.

Q.

Which local authority is responsible for Wollaton?

A.

Wollaton is located in Rushcliffe Borough Council, Civic Centre, Pavilion Road, West Bridgford, Nottinghamshire, NG2 5FE, phone: 01159 819 911

Q.

At what point is it appropriate to instruct a conveyancing solicitor in Wollaton?

A.

In the vast majority of cases, as soon as possible. Instructing your solicitor earlier for a purchase may mean that your offer may be taken more seriously if you already have a solicitor instructed, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.

 
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